Penthouse Collection | PH 5008 | Daily Rental Luxury Residence
Exceptional investment opportunity at Gale Miami Hotel & Residences, one of Downtown Miami's premier Airbnb-friendly luxury buildings where daily rentals are permitted. Suited for investors or snowbirds seeking a turnkey Miami retreat with income potential.
Exclusive to the Penthouse Collection, this fully furnished 1-bedroom, 1-bath residence features soaring ceilings, Sub-Zero & Wolf appliances, Terrazzo countertops, and designer Restoration Hardware (RH) furnishings.
In the heart of Downtown Miami, minutes from Miami Worldcenter, Kaseya Center, PortMiami, Brickell, Miami Beach, and MIA. Enjoy a resort-style pool, luxury spa, fitness center, valet, coworking spaces, and 24-hour concierge.
Amenities
Business Center
Clubhouse
Fitness Center
Pool
Spa Hot Tub
Interior Features
Bedroom On Main Level
Elevator
First Floor Entry
Exterior Features
Balcony
Property Tax Information
Tax Amount: $8,721
Tax Year: 2025
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monthly payment breakdown
total monthly payment
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Principal & Interest
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lender. The interest is the cost of borrowing that money.
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Property Taxes
This tax is a percentage of a home’s assessed value and
varies by area. Homeowners pay this tax annually, semi-annually, or as part of a
monthly mortgage payment.
HOA Fees
Fees paid by homeowners within a shared complex to pay
for building repairs and operation costs. HOA fees are typically paid monthly or
quarterly.
Homeowners Insurance Homeowners insurance covers
losses and damages to your
home, property, personal belongings, and other assets in your home. The policy
also provides liability coverage against accidents in the home or on the
property. When applying for a mortgage, the applicant is usually required to
provide proof of insurance on the property before the financial institution will
approve the loan.
Private Mortgage Insurance (PMI) Borrowers with a down payment of less than 20% may be
required to purchase mortgage insurance. Mortgage insurance protects the
mortgage lender against loss if a borrower defaults on their loan. Typically,
mortgage insurance rates range from 0.2%–2% of the loan amount per year. Your
actual rate may vary.
1 Beds
1 Baths
